News Headline Summary
Lynas Corp (LYC AT) says the journey has been long and will have a very strong balance sheet after capital raising
- Phase 2 construction is now 76% complete.
- Moving towards full production capacity by H2 CY 2013.
- First sales from Malaysia plant in Q1 2013.
Reaction details (23:06)
- Co. shares rise 3.9% to AUD 0.66 in Sydney.
19 Nov 2012 - 22:15
Subscribe Now to
Click here for a 1 week free trial
RANsquawk provides audio news and commentary for over 15,000
professional traders and brokers worldwide. Services include:
Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
Teams of analysts covering equities, fixed income, FX, energy, and metals markets
Real-time scrolling news service with instant analysis
Daily and weekly pre-market research and calendars
Video updates covering near-term key risk events & primary trading themes
One-to-one chat with our expert analysts